West Berkeley Sublease

West Berkeley

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
10,280
As of: March 11, 2017

West Berkeley Rates

The typical asking rate per listing is in the $40's per square foot per year. The West Berkeley submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $19 per sqft per year. That's a 74% rise in rent.

Compared to the rest of the East Bay market, the West Berkeley submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

West Berkeley Listing Supply

In the last 90 days, 13 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 15% of the office spaces in the West Berkeley are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 10,280 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1961 and are Class B.

West Berkeley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst West Berkeley folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in West Berkeley.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West Berkeley.
Research